OLLI
Ollie's Bargain Outlet Holdings, Inc.
OLLI's fundamentals are strong and it looks cheap: trading at 21x earnings, below its usual 30x. Analysts expect earnings growth.
OLLI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
OLLI's revenue, profitability, cash flow and balance sheet are all currently healthy.
OLLI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $94.77 | — |
| Cheap | 21x | $94.13 | -0.7% |
| Current | 21x | $94.77 | — |
| Fair | 30x | $133 | +40% |
| Expensive | 36x | $163 | +72% |
Historical ranges are pointers, not guarantees.
OLLI's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 20x next year's earnings.
OLLI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for OLLI, with profitability holding steady.
OLLI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.74 | +6.1% |
| Q3 2026 | $4.47 | +30% |
| Q2 2026 | $4.04 | +24% |
| Q1 2026 | $3.89 | +20% |
| Q4 2025 | $3.62 | +8.1% |
| Q3 2025 | $3.45 | +5.2% |
| Q2 2025 | $3.25 | +2.5% |
| Q1 2025 | $3.23 | +11% |
| Q4 2024 | $3.35 | +32% |
OLLI's earnings per share have climbed steadily: $4.47 over the past year, up 30% from the year before, and higher year over year for 14 quarters in a row.
OLLI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $741.3M | +9.1% |
| Q2 2026 | $658.9M | +14% |
| Q1 2026 | $779.3M | +17% |
| Q4 2025 | $613.6M | +19% |
| Q3 2025 | $679.6M | +17% |
| Q2 2025 | $576.8M | +13% |
| Q1 2025 | $667.1M | +2.8% |
| Q4 2024 | $517.4M | +7.8% |
OLLI's revenue has grown year over year for 17 quarters in a row: $741M last quarter, up 9.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +3.3 points |
| Q2 2026 | 11% | +0.8 points |
| Q1 2026 | 14% | +0.8 points |
| Q4 2025 | 9% | +0.4 points |
| Q3 2025 | 11% | +0.8 points |
| Q2 2025 | 9.7% | -1.4 points |
| Q1 2025 | 13% | -1.9 points |
| Q4 2024 | 8.6% | +0.5 points |
OLLI's operating margin was 15% last quarter, up 3.3 points from the same quarter a year ago.
OLLI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $64.8M | +19% |
| Q2 2026 | $20M | +921% |
| Q1 2026 | $164.4M | +33% |
| Q4 2025 | -$26M | +$9.4M |
| Q3 2025 | $54.3M | +872% |
| Q2 2025 | $2M | -85% |
| Q1 2025 | $123.4M | +23% |
| Q4 2024 | -$35.4M | -$342K |
OLLI still generates free cash flow, though less than at its 2026 peak: $223M over the past year.
OLLI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -955K shares |
| 1 year | -2.5% | -1.6M shares |
| 3 years | -2.9% | -1.8M shares |
| 5 years | -8.5% | -5.6M shares |
| Available history | -8.3% | -5.4M shares |
OLLI has 60M diluted shares, down 2.5% from a year ago, with $183M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $84M |
| Q2 2026 | $53.4M |
| Q1 2026 | $33.6M |
| Q4 2025 | $11.6M |
| Q3 2025 | $11.5M |
| Q2 2025 | $17.1M |
| Q1 2025 | $5.7M |
| Q4 2024 | $15.8M |
OLLI spent $183M buying back its own shares over the past year, about four times what it spent the year before.
OLLI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.8x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.8x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
OLLI has more cash than debt.
OLLI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.8 | Neutral |
| Stochastic | 84.0 | Overbought |
OLLI's weekly RSI is 59 (neutral) and its Stochastic is 84 (overbought).
OLLI PE vs Consumer Defensive Sector
| Metric | OLLI | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 19x | 8.8% above |
| PE % | 17 | 18 | 1 pt below |
OLLI is trading at 21x earnings, in line with the Consumer Defensive sector's median of 19x.
OLLI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $89.3 | 6.2% above |
| 20 week MA | $79.6 | 19% above |
| 50 week MA | $91.1 | 4% above |
| 100 week MA | $105.1 | 9.8% below |
| 200 week MA | $91.0 | 4.2% above |
OLLI's trend is mixed: it's above four of its five weekly moving averages, and 4.2% above its 200-week average.
OLLI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $65.7 | $82.5 | +26% |
| 2021 | $82.5 | $48.1 | -42% |
| 2022 | $48.1 | $46.4 | -3.5% |
| 2023 | $46.4 | $75.9 | +64% |
| 2024 | $75.9 | $117.6 | +55% |
| 2025 | $117.6 | $112.3 | -4.5% |
| 2026 YTD | $112.3 | $94.8 | -16% |
OLLI has finished lower in three of the last six years. It's down 16% so far in 2026.